๐จ *XRP is struggling to break out!* ๐จ
Despite multiple attempts to push higher, *XRP keeps getting slammed down by bears* ๐ป๐ โ every time it shows signs of momentum, sellers quickly step in and crush the rally.
๐ฅ Some are calling this the *"biggest fakeout of the year"*, as price spikes are short-lived and followed by fast dumps.
๐ Key reasons for the stall:
- Weak buying pressure at resistance zones
- Lack of fresh bullish catalysts
- Market uncertainty around Rippleโs legal situation
๐ *Analysis:*
XRP needs to *hold key support* (around 2.45โ$2.50) to avoid deeper downside. Only a *strong volume breakout* above resistance could shift momentum back to bulls.
๐ง Long-term holders: Stay patient.
โ๏ธ Traders: Be cautious of fake breakouts.
Still watching closely โ one true breakout could flip the whole script. ๐ or โ โ letโs see which comes first.
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